Author Archives: BSCN NEWS REPORTS

Polygon (MATIC) Analysis Polygon (MATIC) is currently under the spotlight as an analyst provides a comprehensive analysis of the crypto token. The assessment suggests that a turning point is imminent, potentially triggering a significant 50% rally in MATIC prices. Potential Rally for MATIC In a recent video shared on the Cheeky Crypto YouTube Channel, crypto[Read more…]

Polygon Labs Focuses Resources on CDK Polygon Labs has recently made a strategic decision to allocate resources towards the expansion of its Polygon Chain Development Kit (CDK). End of Edge Contributions The company has concurrently discontinued contributions to its Edge platform, a tool designed for constructing custom Ethereum-compatible blockchain networks. This shift in focus underscores[Read more…]

Polygon Labs Phases Out Support for Older Edge Polygon Labs, the primary group behind the Polygon blockchain world, has ceased development on Polygon Edge, a tool used for creating networks similar to Ethereum. Polygon Edge served as a model for Dogechain, which aimed to bring decentralized finance (DeFi) to the Dogecoin community. The focus has[Read more…]

Polygon Labs Shifts Focus Polygon Labs, a developer specializing in scaling networks for Ethereum, has recently transitioned its focus to “Polygon CDK,” a blockchain development kit utilizing zero-knowledge cryptography. Deprecation of Polygon Edge Polygon Labs has officially deprecated support for “Polygon Edge,” an older blockchain template that was previously utilized by Dogechain in an unofficial[Read more…]

Polygon Labs Pivots to CDK for Blockchain Innovation Polygon Labs has recently announced a strategic shift in its development focus, transitioning from the Edge framework, also known as Supernets, to the Chain Development Kit (CDK). This move reflects the company’s evolving priorities and a commitment to advancing blockchain technology. The Rise of CDK in Blockchain[Read more…]

Polygon Labs’ Strategic Shift from Edge to CDK Polygon Labs has officially announced the cessation of contributions to its Edge framework, previously known as Supernets. The decision is part of a strategic pivot by Polygon Labs, indicating a shift in development priorities over the past year. The spotlight now shifts to the Chain Development Kit[Read more…]

Quick Take Polygon Labs has announced the discontinuation of contributions to its Edge framework. The company is redirecting its focus toward the expansion of the Chain Development Kit (CDK), which is gaining adoption in various projects. Polygon Labs and the Shift in Focus Polygon Labs has decided to cease accepting contributions to its Edge framework,[Read more…]

In Brief The Polygon (MATIC) price experienced a significant decline on December 11, retracing to a long-term horizontal support area. Analysis of the daily time frame Relative Strength Index (RSI) and wave count suggests a correction in MATIC prices. Despite bearish predictions, a move above the wave B high of $0.95 would indicate the end[Read more…]

Introduction Cardano (ADA), Retik Finance (RETIK), and Polygon (MATIC) are three contenders in the race for tokens to hit the $10 threshold with different storylines for each. Retik Finance’s Potential Retik Finance positions itself as a formidable opponent, leveraging its ecosystem and cutting-edge products like the Retik Debit Card for a strategic advantage. Challenges for[Read more…]

Decentralized Oracle Network Expansion Decentralized oracle network Chainlink has recently launched its data feeds on Polygon’s zero-knowledge scaling solution compatible with the Ethereum Virtual Machine. In a press release shared with crypto.news, Chainlink announced that the expansion enables blockchain developers to build decentralized applications on Polygon’s zkEVM in a new way, offering resistance to API[Read more…]